Catalog
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| Issuer | Lütjenburger Spar- und Leihkasse, Lütjenburg |
|---|---|
| Year | 1921 |
| Type | Local banknote |
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|---|---|
| Obverse lettering | 50 PFG LÜTJENBURGER NOTGELD DIESER GUTSCHEIN WIRD VON DER LÜTJENBURGER SPAR- U. LEIHKASSE IN ZAHLUNG GENOMMEN. ER VERLIERT SEINE GÜLTIGKEIT MIT DEM 1. NOV. 1921 LÜTJENBURGER SPAR- u. LEIHKASSE |
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| Reverse lettering | 50 Pf De Bottermelkskrieg 50 Pf 3. Auszug der Lütjenburger to Lüttenborg Ad. Eßich & Co., Oldenburg i. O. |
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| Comments |
Lütjenburg is a small Holstein town with a population that barely cracked 2,000 in the early 1920s, which makes this Notgeld issue from its savings and loan institution a distinctly local affair. The German inflation crisis of 1921–1923 forced thousands of municipal bodies and private institutions to print emergency small-denomination notes as federal coinage disappeared from circulation almost overnight — hoarded, melted, or simply outpaced by rising prices.
Ad. Eßich & Co. of Oldenburg handled a considerable volume of regional Notgeld work during this period, supplying dozens of small issuers across northern Germany.